A. Criteria: The City Council may by resolution pay members of boards, commissions, committees and authorities if the following criteria is met:
1. A minimum of ten (10) full time employees must be managed.
2. The board, commission, committee or authority must manage or be in charge of an income or revenue producing area of the City.
3. There must be a minimum of one million dollars ($1,000,000.00) managed by the board, committee, commission, or authority.
4. Regular monthly meetings must be held.
5. Annual sales or revenues must equal one million dollars ($1,000,000.00) or more.
B. Payment From Revenues Of Board: Any salaries authorized by resolution of the City Council must be paid from the sales or revenues of the board, commission, committee or authority. (Ord. 8, 2nd Series, 4-3-1990; amd. 1996 Code)